Ahlada Engineers Ltd

Ahlada Engineers Ltd

₹ 110 -1.61%
28 Mar 3:19 p.m.
About

Incorporated in 2005, Ahlada Engineers Ltd does manufacturing of Steel Doors, Steel Windows, Shutters, Panels, School Furniture, Drinking water systems and allied products[1]

Key Points

Business Overview:[1]
Company manufactures steel doors and windows for residential and commercial segments, green chalk boards, dual desks and RO plants for government-run schools in Andhra Pradesh

  • Market Cap 142 Cr.
  • Current Price 110
  • High / Low 164 / 82.6
  • Stock P/E 13.8
  • Book Value 99.3
  • Dividend Yield 1.26 %
  • ROCE 8.01 %
  • ROE 4.10 %
  • Face Value 10.0

Pros

  • Stock is trading at 1.17 times its book value
  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 29.4%

Cons

  • The company has delivered a poor sales growth of 4.63% over past five years.
  • Company has a low return on equity of 5.69% over last 3 years.
  • Company has high debtors of 152 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Steel Industry: Steel - Medium / Small

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
38.72 68.34 52.37 28.68 37.61 33.49 37.66 43.29 27.78 49.54 38.18 71.78 39.82
30.21 59.44 42.20 23.26 31.68 28.30 32.59 37.83 23.08 39.48 32.28 63.47 31.59
Operating Profit 8.51 8.90 10.17 5.42 5.93 5.19 5.07 5.46 4.70 10.06 5.90 8.31 8.23
OPM % 21.98% 13.02% 19.42% 18.90% 15.77% 15.50% 13.46% 12.61% 16.92% 20.31% 15.45% 11.58% 20.67%
0.02 0.10 0.01 0.05 0.07 0.05 0.02 0.06 0.06 0.07 0.09 0.09 0.10
Interest 1.10 1.10 1.65 1.03 0.90 0.94 0.87 1.01 0.95 0.91 0.93 1.30 1.24
Depreciation 2.83 3.01 3.65 3.68 3.72 3.63 3.20 3.25 3.26 3.31 2.88 2.96 3.09
Profit before tax 4.60 4.89 4.88 0.76 1.38 0.67 1.02 1.26 0.55 5.91 2.18 4.14 4.00
Tax % 21.52% 34.36% 30.74% 21.05% 41.30% 40.30% 34.31% 34.13% 14.55% 47.04% 22.48% 33.82% 34.00%
3.61 3.21 3.38 0.60 0.81 0.40 0.67 0.83 0.47 3.14 1.70 2.74 2.66
EPS in Rs 2.79 2.48 2.62 0.46 0.63 0.31 0.52 0.64 0.36 2.43 1.32 2.12 2.06
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
40 43 50 111 118 126 207 110 159 152 158 199
36 41 44 101 106 105 173 85 129 125 133 167
Operating Profit 4 2 5 10 12 21 34 25 30 27 25 32
OPM % 9% 4% 11% 9% 10% 16% 16% 23% 19% 18% 16% 16%
1 1 2 0 0 0 0 0 0 0 0 0
Interest 0 0 3 4 4 5 9 5 4 5 4 4
Depreciation 1 1 2 2 3 4 7 10 11 15 13 12
Profit before tax 3 2 4 5 5 12 18 10 14 8 9 16
Tax % 31% 38% 38% 37% 38% 34% 37% 25% 29% 33% 42%
2 1 2 3 3 8 11 8 10 5 5 10
EPS in Rs 5.53 2.92 5.55 6.99 7.47 9.22 8.80 5.97 7.89 4.01 3.94 7.93
Dividend Payout % 0% 0% 0% 0% 0% 0% 11% 0% 18% 35% 36%
Compounded Sales Growth
10 Years: 12%
5 Years: 5%
3 Years: 13%
TTM: 40%
Compounded Profit Growth
10 Years: 8%
5 Years: -9%
3 Years: -13%
TTM: 332%
Stock Price CAGR
10 Years: %
5 Years: 4%
3 Years: 7%
1 Year: 34%
Return on Equity
10 Years: %
5 Years: 7%
3 Years: 6%
Last Year: 4%

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 4 4 4 4 4 9 13 13 13 13 13 13
Reserves 5 6 9 21 24 28 96 97 106 109 113 115
11 13 18 24 34 59 53 35 60 31 32 47
8 9 12 34 35 50 46 25 54 31 40 58
Total Liabilities 28 32 43 84 98 146 208 171 233 184 198 234
9 10 11 14 23 29 71 84 108 94 86 82
CWIP 0 0 0 2 1 25 7 24 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0
18 22 32 68 75 92 129 63 125 90 112 151
Total Assets 28 32 43 84 98 146 208 171 233 184 198 234

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
1 3 -1 5 5 23 -14 60 -2 37 8
-1 -2 -2 -4 -1 -34 -36 -40 -17 -1 -4
0 -0 3 -1 -4 12 49 -21 19 -35 -4
Net Cash Flow 0 0 0 -0 -0 1 -1 -1 0 -0 -0

Ratios

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 71 69 93 98 79 103 146 101 121 84 152
Inventory Days 127 156 169 150 163 198 67 163 138 165 128
Days Payable 58 67 97 138 124 123 50 111 164 82 82
Cash Conversion Cycle 140 159 164 110 118 178 163 153 94 167 199
Working Capital Days 92 99 140 121 108 83 128 118 161 151 172
ROCE % 8% 23% 17% 22% 21% 10% 11% 7% 8%

Shareholding Pattern

Numbers in percentages

7 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
50.36% 50.36% 50.36% 50.36% 50.36% 50.38% 50.52% 50.50% 50.50% 50.50% 50.50% 50.50%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 7.10% 7.10% 7.10% 6.20% 6.20% 0.02%
10.71% 10.43% 8.11% 8.11% 8.11% 8.11% 1.01% 1.01% 1.01% 0.85% 0.85% 0.00%
38.93% 39.22% 41.53% 41.54% 41.53% 41.53% 41.38% 41.40% 41.40% 42.45% 42.45% 49.48%
No. of Shareholders 7142,3585,5575,6345,5925,9835,7745,5985,4835,3655,2656,889

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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